This bill requires the State to pay 60% of a retired teacher's share of the premium for group accident and sickness or health insurance from July 1, 2023 to June 30, 2024 and
65% after June 30, 2024. It also requires that 10% of the amount available from the unappropriated surplus of the General Fund at the close of fiscal year 2022-23, after certain transfers, be used to increase the percentage of a retired teacher's share of the premium for group accident and sickness or health insurance that the State is required to pay.

Statutes affected:
Bill Text LD 1773, HP 1136: 20-A.13451